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Real Estate
Reply to "How much did you pay for your house? What is you HHI?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI is $600k and likely going down to $400k or so in a few years. Have 400K in the bank. What can we afford?[/quote] This really depends upon how your retirement and college savings are looking, if they are good then obviously you can go much higher but if they aren’t then you can’t go higher than 900k.[/quote] I agree but as a counterpoint a lot of people in this thread stretched quite a bit and it seems to have worked out fine. $900K with 20% down is what - $5.5K ish PITI? On $400K that should be more than fine - monthly take home post tax is probably still around $20-25K. They could probably go up to 1.25ish really easily if not a tad more. [/quote]
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